3 years ago

Bitcoin flash crash explained.
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Last Thursday, Bitcoin took a massive dive, crashing 87% from its recent all-time-high prices.

We saw the unprecedented movement from around 67,000 dollars all the way down to around $8000….

Prices we haven’t seen since the beginning of 2020

It turns out that this crash was mostly isolated to Binance US…
Other exchanges like KuCoin and Coinbase didn’t see a correction of the same magnitude – however, most did see bitcoin dump at least slightly in the same time

This kind of event is called a flash crash, and it isn’t the first time it happened… and it won’t be the last so let’s discuss why this happened and how you can profit off of a crypto crash next time it happens.

0:00 Intro
0:16 The happening
0:45 why tho
1:50 More likely in the U.S.
2:29 Common misconception
4:18 How this crash happens
5:32 Bot opportunity
6:45 How to profit on this next time
8:40 Lmk
8:58 Be careful